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Caption: Board of Trustees Minutes - 1928
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1927] UNIVERSITY OF ILLINOIS REPORT OF CONTRACT AND PURCHASE ORDERS 265 (44) The Comptroller's report of purchase orders in excess of one thousand dollars. April 12, 1927 President David Kinley, 5J5 Administration Building, West Dear President Kinley: I transmit herewith in accordance with our practice the report of Purchase Orders issued by the Purchasing Agent in excess of $1,000 for the month of March. There have been no contracts executed by m e since the last report. Cordially yours, Lloyd Morey Comptroller ORDERS ISSUED DURING THE MONTH OF MARCH, 1927, AMOUNTING Dale TO t'ooo OR M O R E 3-15-27 Amount Department Firm Description Procedure $1752.40 Physical Plant Odin Coal Coal Quoted price Company $1961.40 Supervising Schaar and Laboratory Competitive H. Architect Company equipment M. Edwaicds Quotations Purchasing Agent (New Pharmacy This report w a s received for record. Bldg., Chicago) INVESTMENT O F TRUST F U N D S (45) A statement concerning certain trust funds amounting to #8.107. The following investments (total, #2,895) were made before the Board voted to follow the statute governing the investment of trust funds: Purchase Present Interest Fund Security Rate Rate Market #105 Public Service Com- Plym Fellowship 6% 102 pany of Northern Illinois—Preferred Stock 20 Shares Bryan Prize 6% 85 90 Central Illinois Public Service Company—Preferred Stock Guild Memorial 6% 15 0 3 Shares Prize Public Service Company Northern Illinois— Preferred Stock 5 Shares The following funds (total, #501) invested in Liberty Bonds might well be Purchase Price Approximate Market Fund Security reinvested to secure a higher yield:$150 $100 #100.00 Rea Scholarship Second Liberty 100 Guild Memorial Fund #100 Bonds 90 English Poetry #150 Third Liberty 98 100.30 Rea Scholarship #50 Bonds 103.28 100.52 Fourth Liberty Thrift Committee £50 Bonds
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